Adidas AG Current Ratio

  

Current Ratio Analysis

Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Adidas AG 
Current Ratio 
 = 
Current Asset 
Current Liabilities 
 = 
1.40 times

About Current Ratio

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e. Current Ration of 2 to 1).
Compare Adidas AG to competition

Adidas AG Current Ratio Assessment

Ratio  
Benchmark  Embed   Alliance Data Comparables 
In accordance with recently published financial statements Adidas AG has Current Ratio of 1.4 times. This is 45.95% lower than that of the Consumer Goods sector, and 60.34% lower than that of Textile - Apparel Footwear and Accessories industry, The Current Ratio for all stocks is 56.52% higher than the company.
ETFsFundsStocks

Filter other Stocks by Current Ratio

Current Ratio Input Range 
Industry  
Click to run this filter
Filter Other Equities
  
Found 6 equities

Current Ratio

NKE GERNIKE Inc
3.06 times
ADS GERAdidas AG
1.4 times
PPX GERKering SA
1.05 times
PUM GERPUMA SE
1.85 times
GHH GERGeox SpA
1.69 times
1PL GERPowerland AG
3.09 times
You can backtest this sub-set of assets as a synthetic portfolio or check its risk adjusted returns  
Peer Comparison
Adidas AG Current Ratio Comparison
Current Ratio  
Benchmark  Embed   Alliance Data Comparables 
Adidas AG is rated fifth in current ratio category among related companies.
Did you try this?
Run Analyst Recommendations Now
   

Analyst Recommendations

Analyst recommendations and target price estimates broken down by several categories
Hide  View All  NextLaunch Analyst Recommendations
Return On Equity13.40 %
Return On Asset5.76 %
Profit Margin4.34 %
Operating Margin7.02 %
Current Valuation22.77 B
Shares Outstanding200.2 M
Price to Earning28.88 times
Price to Book3.90 times
Price to Sales1.26 times
Revenue17.6 B
Gross Profit8.17 B
EBITDA1.52 B
Net Income795 M
Cash and Equivalents1.51 B
Cash per Share7.56 times
Total Debt2.15 B
Debt to Equity0.38 times
Current Ratio1.40 times
Book Value Per Share28.37 times
Cash Flow from Operations1.08 B
One Year High118.3
One Year Low62.51
Earnings Per Share3.79 times
Number of Employees56.09 K
Market Capitalization21.92 B
Total Asset13.42 B
Retained Earnings5.22 B
Working Capital2.2 B
Current Asset7.67 B
Current Liabilities5.46 B
Z Score7.0